2025-04-05-accounts

Charity registration number: 222652

THE ROCHDALE FUND FOR RELIEF IN SICKNESS ANNUAL REPORT AND FINANCIAL STATEMENTS 5 APRIL 2025

THE ROCHDALE FUND FOR RELIEF IN SICKNESS

CONTENTS (CONTINUED)

Reference and Administrative Details	1
Trustees' Report	2
Statement of Responsibilities	3
Independent Examiner's Report	4
Statement of Financial Activities	5
Balance Sheet	6
Notes to the Financial Statements	7 to 15

THE ROCHDALE FUND FOR RELIEF IN SICKNESS

REFERENCE AND ADMINISTRATIVE DETAILS

Charity registration number	222652
Trustees	Mr N G Adamson
	Mrs H E Collins
	Mrs R Horridge
	Mr T J Porritt
	Mrs A E T Ripley
	Mr A R Shackleton
	Mr A N Shepherd
	Mrs A R Shepherd
Independent Examiner	Peter G Nicol BSc FCA
	Independent examiner
	Tower House
	269 Walmersley Road
	Bury
	Lancashire
	BL9 6NX
Solicitors	Jackson Brierley Hudson Stoney
	The Old Parsonage
	2 St Mary's Gate
	Rochdale
	Lancashire
	OL16 1AP

1

THE ROCHDALE FUND FOR RELIEF IN SICKNESS TRUSTEES, REPORT YEAR ENDED 5 APRIL 2025 Objectlves and acuvltks Oblects and olms The objective of the Rochdale fund is to assist residents of Rochdale who are in s￿kneSS. ty providing and paying for items, services or facilities as set out by the Charity Comrni5sDner5 reference N231S1175, 13th February 1975. Publk benefft We have referred to the guidance contained in the Charity Commissioner's general guidance on public benefit when rewewing our aims and objectives and in planning for our future artivities. In particular. the Trustees ¢OAsidÈr how planned actNities wtll tontribute to the aims and objectives thty have set. The trustees confirn that they have complied wlth the requlrements of sectlon 17 of the Charilles Art 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Structure• govemance and managem•rt Oroonlsotlonolstrurture The trustees have two sub committees, one dealing With day to day requests, the other looking after the trusts investments. Trustees There has been no ¢han8e to the Trustees in the year. Ananclal Instruments C•sh, credlt and Ilquldlty rlsks The Charities only assets •re investments and the income from these investments. The trustees are avfi ￿ of the need to have suTrlent funds for on8oin8 ar￿ future developments and as such take advKe from professional advisers. Independent examlner Peter G Nicol Bsc FCA has been r￿ppointed as independent examiner for the ensulng year. The annual report was approved by the trustees of the charity on a-..FfE...4r￿ signed on its behalf Mrs A E T Ripley Trustee

THE ROCHDALE FUND FOR RELIEF IN SICKNESS STATEMENT OF RESPONSIBIUTIES YEAR ENDED 5 APRIL 2025 The trustees are responsible for preparing the trustees, report and the financial ststements in accordance with the United ￿ngdorn Accwnting Stsndards (United Kin8(brn Generally Accepted Accounting Practtcel and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial ststements for each financlal year which give a true and fair vie*1 of the stste of affair5 of the charity and of the in¢omlrg resources and application of resources of the tharity for that period. In Prepari￿ these financHI statements, the trustee5 are required to: select Suitable accountlng policies and then appty them Cons￿ently. observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent; state whether applicable accountire stsndards have been followed, subject to any materl•l departures disclosed and expkined in the financial statements; and prepare the flnanclal statements on the 8olng ¢on¢em basis unless It is Inapproprkte to presume that the charity will continue in bwlne55. The trustees are reswnsible for keepin8 proper accounting records that disclose wlth reason8ble accuracy at any tlme the financial position of the charity and enable them to ensure that the financlal statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for takln8 reasonable steps for the prevenllon and dete¢tion of fraud and other irregularbties. The trustees are responsible for the MaIntena￿e and integrity of the corporate and financlal information included on the charitable company's website. Legislation 8ovemin8 the preparation and dlssemination of financial statements may differ from legislatlon in other jurisdictions. Approved by the trustèes of the charity on 01:￿. 2G and sl8ned on its behalf by: Mrs A E T Ripley Trustee

THE ROCHDALE FUND FOR RELIEF IN SICKNESS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ROCHDALE FUND FOR RELIEF IN SICKNESS I report to the trustees on my examination of the accounts of The Rochdale Fund For Relief In Sickness for the year ended 5 April 2025. Responsibilitles and basls of report As the charity trustees of The Rochdale Fund For Relief In Sickness you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the The Rochdale Fund For Relief In Sickness's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Cornmission under section 1451511bl of the Act. Independent examlnerfs statement I have completed rny examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l. accounting records were not kept in respect of The Rochdale Fund For Relief In Sickness as required by sertion 130 of the Act,. or 2. the accounts do not accord with those records,- or 3. the actounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities IAccount5 and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 7Jeff￿ n Peter G Nicol Bsc FCA Independent examiner Tower House 269 Walmersley Road Bury Lancashire BL9 6NX Date..

THE ROCHDALE FUND FOR RELIEF IN SICKNESS

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 5 APRIL 2025

Note Income and Endowments from: Investment income 2 Other income Total Income Expenditure on: Grant Funding 4 Governance 3 Total Expenditure Gains/losses on investment assets Net expenditure Other recognised gains and losses Gains/losses on revaluation of fixed assets for charity's own use Net movement in funds Reconciliation of funds Total funds brought forward 12 Total funds carried forward 12	Unrestricted £ 67,275 36 67,311 (66,418) (26,202) (92,620) 228 (25,081) 12,112 (12,969) 1,890,534 1,877,565	Total 2025 £ 67,275 36 67,311 (66,418) (26,202) (92,620) 228 (25,081) 12,112 (12,969) 1,890,534 1,877,565	Total 2024 £ 69,479 -
			69,479
			(46,856) (31,446)
			(78,302)
			3,437
			(5,386) (18,044)
			(23,430) 1,913,964
			1,890,534

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 12.

5

THE ROCHDALE FUND FOR RELIEF IN SICKNESS BALANCE SHEEr 5 APRIL 2025 2025 2024 Axed assets Investments 1.780.446 1.727,409 Current hssets Cash at bank and in hand 101.650 168,896 Credltors: Amounts falllng due wlthln one year li (4,5311 15.7711 Net current assets 97,119 163,125 Net assets 13 1,877,565 1,890,534 Funds of the charlty: Unrestrlcted Inc¢)me fun(ts Unrestricted Fund5 1,877,565 1,890,534 Tot*1 funds 12 1,877.565 1,890,534 The flnanclal ststements on pages 5 to 15 were approved by the trustees, •nd •uthortsed for issue on 02fel: and slgned on their behalf by: Mrs A E T Ripley T4UStee

THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. this departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16th July 2014 rather than the Accounting and Reporting by Charities:Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Basis of preparation

The Rochdale Fund For Relief In Sickness meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Donations received are included in the Statement of Financial Activities on receipt. Transfer of stocks and shares from similar organisations are treated as donations received during the year and are also included in the Statement of Financial Activities.

Investment income

Investments are shown at market value at the balance sheet date.

Investment income and interest is accounted for on a received basis.

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THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 (CONTINUED)

Expenditure

Expenditure is recognised when a liability is incurred. Contractual arrangements and performance related to grants are recognised as goods or services as supplied. Other grant payments are recognised when constructive obligation arises that result in the payment being unavoidable.

Charitable activities include expenditure incurred when undertaking charitable activities and include both direct and support costs relating to those activities.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Grant expenditure

Grants are accounted for when paid out by the trustees.

Grant provisions

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

All fixed assets are initiially recorded at cost.

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THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 (CONTINUED)

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date.

Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, net of the movement in market values during the year, and are charged or credited to the Statement of Financial Activities in the period.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

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THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 (CONTINUED)

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2 Investment income

Income from dividends; Income from UK investments Interest receivable and similar income; Interest receivable on bank deposits	Unrestricted General £ 63,929 3,346 67,275	Total 2025 £ 63,929 3,346 67,275	Total 2024 £ 67,707 1,772
			69,479

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THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 (CONTINUED)

3 Analysis of governance and support costs

Governance costs

Independent examiner fees Independent Examiner’s remuneration Administration Marketing Investment managers fees	Unrestricted General £ 3,705 5,218 3,770 13,509 26,202	Total 2025 £ 3,705 5,218 3,770 13,509 26,202	Total 2024 £ 3,715 11,986 2,758 12,987
			31,446

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THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 (CONTINUED)

4 Grant-making

Analysis of grants

Analysis Help for specific families Castleton Health & Leisure Springhill Hospice Rochdale Children's Moorland House Rochdale Petrus Community The Samaritans Rochdale Food Bank Heywood Food Bank Asthma Relief Happy Days Soup Kitchen Trewen Sands Cancer Relief Macmillan Fund Rochdale Scope Millard Middleton Food Bank The Salvation Army Other	Grants to institutions 2025 £ 2024 £ - - 15,000 - 10,000 10,000 6,000 4,000 6,000 - 4,500 - 3,250 5,100 3,250 3,120 3,000 - 2,500 2,500 2,500 500 1,965 1,000 - 6,000 - 1,000 - 1,000 - 500 - 500 - 900 57,965 36,120	Grants to individuals 2025 £ 2024 £ 8,453 10,736 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 8,453 10,736	Grants to individuals 2025 £ 2024 £ 8,453 10,736 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 8,453 10,736
			10,736

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THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 (CONTINUED)

5 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

6 Staff costs

No salaries or wages have been paid to employees, including members of the committee, during the year.

7 Independent examiner's remuneration

7 Independent examiner's remuneration
	2025	2024
	£	£
Examination of the financial statements	3,705	3,715

8 Taxation

The charity is a registered charity and is therefore exempt from taxation.

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THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 (CONTINUED)

9 Fixed asset investments

9 Fixed asset investments
Other investments Other investments Cost or Valuation At 6 April 2024 Revaluation Additions Disposals At 5 April 2025 Net book value At 5 April 2025 At 5 April 2024 10 Cash and cash equivalents Cash at bank 11 Creditors: amounts falling due within one year Other creditors Accruals		2025 £ 1,780,446 Listed investments £ 1,727,409 12,112 65,564 (24,639) 1,780,446 1,780,446 1,727,409 2025 £ 101,650 2025 £ 751 3,780 4,531		2024 £ 1,727,409
				Total £ 1,727,409 12,112 65,564 (24,639) 1,780,446 1,780,446 1,727,409 2024 £ 168,896
		1,780,446
		1,780,446
		1,727,409
		2025 £ 101,650 2025 £ 751 3,780 4,531
				2024 £ 2,096 3,675
				5,771

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THE ROCHDALE FUND FOR RELIEF IN SICKNESS

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 APRIL 2025 (CONTINUED)

12 Funds

12 Funds
Balance at 6 April 2024 £ Unrestricted general funds Unrestricted General funds 1,890,534 Balance at 6 April 2023 £ Unrestricted funds General 1,913,964 13 Analysis of net assets between funds Fixed asset investments Current assets Current liabilities Total net assets Fixed asset investments Current assets Current liabilities Total net assets	Incoming resources £ 67,311 Incoming resources £ 69,479	Resources expended £ Other recognised gains/(losses) £ Balance at 5 April 2025 £ (92,620) 12,340 1,877,565 Resources expended £ Other recognised gains/(losses) £ Balance at 5 April 2024 £ (78,302) (14,607) 1,890,534 Unrestricted General £ Total funds £ 1,780,446 1,780,446 101,650 101,650 (4,531) (4,531) 1,877,565 1,877,565 Unrestricted funds Total funds at 5 April General £ 2024 £ 1,727,409 1,727,409 168,896 168,896 (5,771) (5,771) 1,890,534 1,890,534		Balance at 5 April 2025 £ 1,877,565
				Balance at 5 April 2024 £ 1,890,534
			1,877,565
			Total funds at 5 April 2024 £ 1,727,409 168,896 (5,771)
			1,890,534

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